Business And Markets

Eghtesad Novin Bank, as a participant in the Global Money Week 2016 (March 5-25), will conduct a series of events across the country to promote money-saving habits from an early age. The event…

The Money and Credit Council agreed Tuesday to double the ceiling of Bank Maskan’s Housing Saving Account mortgage for newlyweds.

French bank Societe Generale is willing to start cooperation with Iran’s mining industries, said Richad Soundardjee, the bank’s chief regional officer for Middle East, during a visit to…

The sixth five-year development plan  (2016-21)includes clauses calling for developing green national account systems to consider the environmental costs of economic activities, said…

Interest rates have been a recurring theme in Iran’s business and market climate during the outgoing fiscal year (ends March 19). After many ups and downs and heated debates, the Money and Credit…

The Central Bank of Iran is considering the possibility of lowering mortgage interest rates. Head of the CBI credit department, Ali Asghar Mirmohammad Sadeqi, said. Regarding the recent cut in…

The government is planning to tap into the bond market to clear its debts and improve the manufacturing sector, Masoud Nili, a senior economic advisor to President Hassan Rouhani said Tuesday.

The second Iran-Europe Business Forum will be held in Tehran on March 5-7, said Ali Divandari, head of Iran’s Monetary and Banking Research Institute.

A total of 88,323 tons of commodities worth $39.5 million were traded at Iran’s Mercantile Exchange on Tuesday. IME’s industrial and mining trading board traded 1,760 tons of B hot-rolled sheets,…

Chief executive of Tehran Stock Exchange hosted his Turkish counterpart from Borsa Istanbul in the First Iran-Turkey Capital Markets Forum aimed at increasing cooperation between the two exchanges…

Russia’s Minister of Agriculture Alexander Tkachyov called on Iran and Russia to address limitations hindering business ties to double the value of trade.

Tkachyov was speaking in a meeting…

Tehran Stock Exchange’s all-share index, TEDPIX, inched up 109.60 points or 0.14% to settle at 77,648.8 on Tuesday, snapping a three-day losing streak with help from large-cap petrochemical, oil…

An official Bulgarian delegation, headed by the country's minister of Transport, Information Technology and Communications Ivaylo Moskovski, will arrive in Tehran on March 6 in a four-day visit…

Sina Insurance, affiliated to Sina Bank, will soon start online selling auto  third-party insurance through mobile applications. Amin Shirkhani, the company’s managing director, said that the…

Banks will issue Japan’s JCB cards for Iranian customers by September, head of the Central Bank of Iran’s department for payment systems said Monday.

Ministry of Cooperatives, Labor and Social Welfare has made changes to regulations for housing cooperatives, reducing their license validity to five years and cutting the maximum number of members…

The property market is about to enjoy a relative boom in the coming fiscal year (starting March 20), a housing expert has predicated.

The Central Bank of Iran transferred $780 million to the International Monetary Fund through SWIFT interbank messaging system in order to increase Iran’s quota with the international lender. The…

Tehran Stock Exchange’s main index TEDPIX retreated 194.60 points or 0.25% to end at 77,539.2 points on Monday, as the morbid mood in equity markets persisted and led to a decline in 60% of the…

Iran’s first rare-earth ingot with a purity grade of 99%, also called Mischmetal, was unveiled during a ceremony attended by Vice President Sorena Sattari, head of Atomic Energy Organization of…

Businesses could not have hoped for a better result from Iran’s parliamentary elections, as the new parliament is the first pro-business one in a decade.

Gains by reformist candidates in…

Iran's Ministry of Roads and Urban Development is selling 24 trillion rials ($685 million at market exchange rate) of Islamic bonds to expand Iran's transport infrastructure early March.

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Iran’s third exclusive exhibition will be held in the Afghan capital of Kabul on March 2, with over 100 Iranian companies participating in the event.

In the four-day exhibition, Iranian…

The Central Bank of Iran has made an announcement saying it is the sole authority when it comes to regulating the foreign exchange market and setting the record straight on the operation of…

The governor of the Central Bank of Iran has called on the government of Switzerland to help introduce Iran’s banking sector to Swiss business leaders and entrepreneurs to help build cooperation…